Johnson Controls International plc $JCI Holdings Reduced by Curated Wealth Partners LLC

Curated Wealth Partners LLC lowered its position in Johnson Controls International plc (NYSE:JCI) by 97.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,478 shares of the company’s stock after selling 248,127 shares during the quarter. Curated Wealth Partners LLC’s holdings in Johnson Controls International were worth $814,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in JCI. HBW Advisory Services LLC grew its holdings in Johnson Controls International by 3.8% in the 3rd quarter. HBW Advisory Services LLC now owns 2,483 shares of the company’s stock worth $369,000 after buying an additional 91 shares in the last quarter. Fortitude Family Office LLC increased its stake in Johnson Controls International by 33.9% during the 3rd quarter. Fortitude Family Office LLC now owns 1,212 shares of the company’s stock valued at $180,000 after buying an additional 307 shares during the period. Western Financial Corp CA increased its stake in Johnson Controls International by 6.7% during the 3rd quarter. Western Financial Corp CA now owns 5,077 shares of the company’s stock valued at $755,000 after buying an additional 320 shares during the period. Virginia Estate & Retirement Planning Advisors Inc. acquired a new position in Johnson Controls International during the 3rd quarter valued at about $33,000. Finally, MFA Wealth Services raised its position in shares of Johnson Controls International by 4.2% during the 3rd quarter. MFA Wealth Services now owns 2,556 shares of the company’s stock worth $380,000 after buying an additional 104 shares in the last quarter. Institutional investors own 90.05% of the company’s stock.

Johnson Controls International Stock Performance

Shares of JCI opened at $147.46 on Friday. The firm’s 50 day moving average is $147.50 and its 200-day moving average is $143.64. The stock has a market capitalization of $89.32 billion, a P/E ratio of 32.03, a P/E/G ratio of 1.14 and a beta of 1.27. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.00 and a quick ratio of 0.83. Johnson Controls International plc has a 12-month low of $107.77 and a 12-month high of $160.41.

Johnson Controls International (NYSE:JCI) last released its earnings results on Thursday, July 30th. The company reported $1.42 EPS for the quarter, topping analysts’ consensus estimates of $1.30 by $0.12. Johnson Controls International had a net margin of 14.32% and a return on equity of 22.11%. The business had revenue of $6.61 billion for the quarter, compared to the consensus estimate of $6.46 billion. During the same period in the previous year, the firm earned $1.05 EPS. The business’s revenue for the quarter was up 9.3% on a year-over-year basis. Equities research analysts anticipate that Johnson Controls International plc will post 5.08 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Monday, September 21st will be given a $0.40 dividend. The ex-dividend date is Monday, September 21st. This represents a $1.60 annualized dividend and a yield of 1.1%. Johnson Controls International’s payout ratio is 27.83%.

Analyst Ratings Changes

A number of brokerages have recently weighed in on JCI. Zacks Research lowered shares of Johnson Controls International from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 6th. Argus set a $175.00 price objective on shares of Johnson Controls International in a research note on Friday, August 7th. Wells Fargo & Company initiated coverage on shares of Johnson Controls International in a research note on Thursday, September 24th. They set an “overweight” rating and a $186.00 price objective on the stock. Wall Street Zen cut Johnson Controls International from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Finally, Royal Bank Of Canada upped their target price on Johnson Controls International from $161.00 to $165.00 and gave the stock a “sector perform” rating in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $163.05.

Insider Activity

In other Johnson Controls International news, VP Lei Schlitz sold 23,417 shares of the company’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $153.07, for a total value of $3,584,440.19. Following the transaction, the vice president owned 15,017 shares of the company’s stock, valued at approximately $2,298,652.19. This represents a 60.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.29% of the company’s stock.

Johnson Controls International Company Profile

Johnson Controls International plc (NYSE: JCI) is a global provider of building technology, products and services. The company helps commercial, institutional and industrial customers improve building performance, energy efficiency, safety and occupant comfort through integrated solutions.

Its offerings include heating, ventilation and air-conditioning systems; building automation and controls; fire detection and suppression equipment; security systems; energy management technologies; and related service, maintenance and digital solutions.